Re:China hires over 100 TSMC engineers in push for chip lead...
by nicoburns on Thursday August 13, 2020 @08:44AM
(#24142744)
I think what you miss here is that in addition to efficiency, resilience is important in agricultural (and arguably other industries). Depending on foreign supply is all well and good until there's a shortage. Then you're screwed.
Arguably China have just found this with semiconductors. It was all well and good depending on TSMC, until the US blocked their supply.
Your better example is Aerospace, but there is no proven reason we need those colossal companies, and a big part of the merger drive that created them us to monopolize access to government contracts. ULA is a perfect example of that.